Discover and read the best of Twitter Threads about #tatas

Most recents (4)

Not sure how many of you remember there was a Detergent bar called #501 from the house of #TATAS.
It had a bright yellow packaging. #Thread #Investing #Finance (1/4)
It was A Tomco (Tata Oil Mills) brand those days. It was named 501 because Tomco chief Jal Naoroji, a nationalist, felt it could do one better than a soap called ‘500’ which existed abroad. The soap was also priced right for the masses at Rs.10/100cakes. 2/4
Later the levers brand wanted to kill the Indian brand & priced their brand below cost which was Rs.6/100 cakes. Jal naoroji didnt bother & waited but in just 3months, the lever company raised their price as they could no longer continue selling below cost. 3/4
Read 4 tweets
Days before the #AirIndia bid, #Tatas give #AirAsia a ‘national’ tag

businessinsider.in/business/corpo…

By @navdeepyadav321
#TataGroup hikes its stake in #AirAsia India, buys additional 32.67% stake for $37.66 million (₹276 crore).
#TataGroup now holds 83.67% stake in the venture, with an option to acquire the rest 16.33% stake for $18.83 million.

#AirAsia
Read 6 tweets
#ShapoorjiPallonjiGroup says it's time to part ways with the #Tatas

The largest shareholder in the #TataGroup, #SPGroup said before the Supreme Court on Tuesday that a separation from the Tatas is necessary.

businessinsider.in/business/news/…
➡️The #SPGroup stated before the Supreme Court that a separation from the #TataGroup is necessary due to the potential impact this continuing litigation could have on livelihoods and the economy.
➡️They stated that it was crucial that an early resolution is reached to arrive at a fair and equitable solution reflecting the value of the underlying tangible and intangible assets.
Read 4 tweets
My thread 👇 on #RBIPolicy,the need to hold rates steady for now&analysis of #CanaraBank and #BankofIndia Nos

What is amply clear is,be it #SBI,#HdfcBank,Axis,or smaller Public Sector banks,there has been a dramatic improvement in #AssetQuality,which bodes well

#EconomyOnTrack
BIG decision by #RBI,is bringing #StartUps under priority sector lending--out of the box move

Move to give 5000Cr addnl liquidity to #Nabard&5000Cr to #NHB,will help agri&real estate

Decision to set up #InnovationHub will help tech innovation&ideation

@narendramodi govt cares!
In April 2020,@narendramodi govt infused 50000Cr,of which 25000Cr was for #NABARD to support #RRBs&MFIs

15000Cr was for #SIDBI,for refinancing financial entities who lend to #MSMEs

#NHB was given 10000Cr to support #HFCs

Today's 10000Cr is over&above this 50000Cr💪

#economy
Read 6 tweets

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